"Berkshire Hathaway Inc. ( NYSE: BRK-B) CEO Warren Buffett has the reputation as the best investor in U.S. history. He has built that reputation year after year for decades. Since 1965, Berkshire Hathaway stock is up 5,502,284%. The years of improvement in the stock price have made Buffett the 11th richest man in the world with a net worth of $151 billion, according to the Bloomberg Billionaire list."
"Nvidia is at the center of the frenzy of investment in artificial intelligence (AI), which has been described as the most important tech advance in history. Microsoft, Meta, Amazon, and Oracle have said they will invest a total of over $350 billion this year. OpenAI, xAI, and Anthropic, which are private, are expected to invest nearly as much. Most of the AI data centers run on Nvidia chips."
Warren Buffett's Berkshire Hathaway delivered extraordinary long-term returns, with stock up 5,502,284% since 1965 and Buffett holding a $151 billion net worth. Jensen Huang's Nvidia rose sharply, lifting his net worth to $161 billion, up $46 billion this year, with Huang owning about 3.7% of shares. Nvidia's market capitalization is $4.5 trillion versus Berkshire's $1.1 trillion. Major technology companies plan massive AI investments exceeding $350 billion this year, and private AI firms are expected to invest nearly as much. Most AI data centers run on Nvidia chips, and recent quarterly revenue rose 56% to $46.7 billion while EPS increased 61% to $1.08. Nvidia faced short-term China sales restrictions under the Trump administration.
Read at 24/7 Wall St.
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